Is of the Shanghai composite. A beautiful HVF is nearing pattern triggering,. Early accumulation is probably warranted! Isn't now the most bearish FUD, over the Chinese economic miracle you have ever seen in a lifetime. The chart is telling a different story of consolidation of its extreme growth and continuation of it's remarkable rise. A quadrupling on...
Reasons to buy Alibaba Group Holding Limited ( NYSE:BABA ) : Leader in the Chinese e-commerce market, strong track record of innovation and growth. JD.com, Inc. ( NASDAQ:JD ) : Well-established and profitable company with a strong market position, benefiting from the growth of the Chinese e-commerce market Baidu, Inc.( NASDAQ:BIDU ) : Dominant player in the...
After the TikTok appearance in Congress I do not think the current administration will have the political capital to do anything but ban TikTok. The proposed deal to have TikTok sold from it's Chinese owner seems unlikely after Beijing declined it and also after the CEO got grilled in Congress and did not offer any answers to ease politicians concern the the CCP...
The recent news about Alibaba's "donation" to the CCP agenda machine has sent the $BABA worshipers into full defensive mode. YouTube videos and Seeking Alpha articles on the equity have exploded in popularity and volume. Long term, investing in Chinese equities is a gamble but, if you're on the right side of the trade, you can certainly make a lot of money. This...
In the low interest rate, post covid environment, ASX:CCP is enjoying the perfect environment to borrow cheap money to buy debt from major finance player. Looking at the price action, it typically took time to consolidate within a 8-10% range for 2 months and would leverage the next catalyst to breakout. The next level of resistance is just above $34 and look...
Next support level has gone. The weekly chart is very powerful. Dead cat bounces can clearly be observed. We hold our puts to 211.
Credit Corp Group Limited is an Australian debt buyer they buy debts from bank, telco and other commercials ( at a discount of course) and try to collect them back by provide different solutions, such as offering flexibility. Their stock price has halved due to covid. Its true that people are facing more financial burden during covid and present high risk of...
BEWARE OF LOUD IMPOSIITIONIONING VOICIES SEEKING TO BNKRUPT WHAT LITTLE YOU DO YOU HAVE LEFT. KEP THE FAITH AND STAY IN YOURT TRADIITIONS AND ART THT HAVE BEEN TIME-TESTED, RATHER THAN GOING INTO THE CITIES FOR "WEALTH" WITH NO PURPOSE Always maintain a clear head. Do not let the mob tyrannize you. this is History being made.
If you cant see the chart double click the price column. Here's my swing trade set-up for $CCP on the ASX today off this higher low. Not financial advice.